... governance and CSR have been developed in recent years and have been established in stakeholder theories and practice (Jain and Jamali, 2016). Corporate governance holds that it is the responsibility of whoever controls a company to determine its social obligations and how best to fulfil them. Work...

... to meet the stakeholders’ expectations, CSR reporting does not necessarily increase the intrinsic value of the firm. Originality/value This study supports the stakeholder theory and contributes to the literature on the practices of CSR reporting in the context of developing countries. Afzalur...